Gst - multi branch transfer of goods

Stock Transfer:

All branches outside the State would be on payment of IGST ( Intergrated GST) on comparable ( valuation rules still tobe finalised) values. Bracnh can avail the credit and supply further on paying the differecne.

Ex: 20,000 worth of goods stock transfered from Blore to Chennai. At- 18% = IGST 3600

Sold later by Chennai depot to consumer at 30,000- SGST + CGST payable = 5400= payment to govt 5400-3600 ( credit adjusted) = differecne 1800 in cash.